Bovis Homes Group (LON:BVS) Rating Reaffirmed
In an analyst research report revealed to clients and investors on Monday morning, The Neutral rating of Bovis Homes Group (LON:BVS) shares was has restated by Bank of America, who now has a GBX 1100.00 target PPS on the stock. Bank of America’s target PPS implies a possible upside of 18.09% from the previous stock close of the company.
From a total of 12 analysts covering Bovis Homes Group PLC (LON:BVS) stock, 6 rate it a ”Buy”, 1 a “Sell”, and 4 a ”Hold”. This means that 55% of the ratings are positive. The highest target price is GBX 1450 while the lowest target price is GBX 880. The mean of all analyst targets is GBX 1205.17 with a 35.45% above today’s (GBX 931.5) stock price. Bovis Homes Group PLC was the topic of 36 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank maintained shares on December 14 with “Buy” rating. Deutsche Bank maintained shares with “Buy” rating and GBX 1323 target share price in a report from a November 26. Jefferies maintained BVS stock in a recent report from November 27 with “Buy” rating. Peel Hunt maintained the rating on November 19. Peel Hunt has a “Hold” rating and a GBX 1040 price target on shares. Finally, Shore Capital maintained the stock with “Hold” rating in a report issued on a November 19.
The stock decreased 4.56% or GBX 44.5 on December 14, striking GBX 931.5. Approximately 599,320 shares of stock traded hands or 11.36% up from the average. Bovis Homes Group plc (LON:BVS) has declined 6.69% since May 15, 2015 and is downtrending. It has underperformed by 2.28% the S&P500.
Bovis Homes Group PLC is a United Kingdom builder of homes in England and Wales. The company has a market cap of 1.25 billion GBP. The Company’s business is involved in the design, build and sale of new homes for both private clients and Registered Social Landlords. It has 11.43 P/E ratio. The Company’s portfolio of properties range from one and two bedroom apartments to five and six bedroom detached family homes.